The European Union (EU) and South Korea set the stage for deployment of next generation mobile networks on Monday with the signing of an agreement through which the parties will work jointly on the development of systems and standards to accommodate fifth-generation (5G) wireless technology. Together, the EU and South Korea will work toward a common definition of 5G technology with the goal of arriving at a consensus and timetable for 5G standard adoption and implementation by the end of next year. While it remains unclear how 5G networks will be differentiated from the current 4G standard, observers believe 5G technology will play a crucial role in future networks that will provide connectivity for the “Internet of Things,” which is expected to run household appliances, security systems, utilities, and automobiles through cloud computing applications. EU officials have suggested that users will be able to download a one-hour, high- definition film in as little as six seconds with the use of 5G technology, and Korean handset giant Samsung announced a breakthrough in 5G technology development last year that may allow wireless device users to transmit massive data files at ultra-high speeds “practically without limitation.” In addition to establishing 5G standards and systems, the EU and South Korea also aim to harmonize radio frequencies for future 5G use. Noting that the EU once led the globe in wireless technology development with the advent of the GSM standard, which proved to be the dominant force in third-generation networks worldwide, EC Digital Agenda Commissioner Neelie Kroes told reporters: “in the 90s, we were in the driver seat .. . so it would be nice to be back in that position.”